Huobi Global News

01.11 / 13:03

Huobi Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations

Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.

11.12 / 09:55

HTX Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit

The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited.

23.11 / 22:37

Hack scam HTX Exploit HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit

Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.

21.10 / 18:05

Blockchain ETH Provident Action Returns HTX Hacker Returns Stolen Ether, Rewarded with Bounty

Huobi Global's cryptocurrency exchange HTX encountered a significant security breach on September 25, when one of its hot wallets was compromised and drained of 5,000 Ether (ETH), which was valued at approximately $8 million at the time. This incident was part of a broader trend of increasing security breaches within the cryptocurrency and Web3 spaces during the third quarter of 2023. However, the narrative took a positive turn on October 7, when the hacker returned the stolen funds. Following this action, HTX issued a 250 ETH whitehat bounty to the individual, which, with an exchange rate of $1,621 per ETH, is valued at around $410,000.

07.08 / 15:17

Huobi Crypto Exchange Drop Rumors of Insolvency and Chinese Probes Cause Huobi Crypto Exchange TVL to Drop to $2.5 Billion

Popular cryptocurrency exchange Huobi has experienced significant outflows of funds and a decline in its total value locked (TVL) amidst rumors of insolvency and Chinese investigations.

22.05 / 15:47

coinbase Cryptocurrency exchanges Bittrex Malaysia Regulator Orders Crypto Exchange Huobi Global Limited To Stop Operations

Cryptocurrency exchange Huobi Global Limited has to stop operations in Malaysia after its regulator found it was operating without being registered.

17.05 / 18:07

Billionaire Justin Sun Accuses Huobi Founder's Brother of Illegally Profiting from Tokens – What's Going On?

Precocious billionaire tech and crypto entrepreneur Justin Sun just accused the brother founder of the world’s 13th largest cryptocurrency exchange by trading volumes Huobi of having illegally profited from HT token sales.

06.04 / 15:59

Binance stake Binance Rejects Justin Sun's Offer for Huobi Stake, Citing Suspected Chinese Connections – Here's What Happened

Binance has reportedly rejected an offer by crypto entrepreneur Justin Sun to purchase his stake in cryptocurrency exchange Huobi, citing ties to mainland China.

03.04 / 09:35

Huobi stake Billionaire Crypto Mogul Justin Sun Denies Rumors on Huobi Exchange Stake Sell

Billionaire crypto entrepreneur Justin Sun has denied claims that he is considering divesting his stake in the global cryptocurrency exchange Huobi.

11.01 / 13:41

business Huobi clarifies Korean operations: Two separate entities aiming at same market

Following the report about Huobi Korea’s planned buyout of its shares from Huobi Global, the latter revealed that the deal has already been made, and the two platforms have been operating completely separately since the Fall of 2022.

09.01 / 22:49

business Huobi Korea seeks to split from parent company, change its name: Report

Local media reported Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About 72% of shares in Huobi Korea are owned by Huobi Global cofounder Leon Li. Huobi Korean chairman Cho Kook-bong would take over Li’s share in the Korean company. Cho is also the owner of a major crypto mining operation in the country, according to local outlet News1.

14.11 / 22:13

business Blockchain Former Huobi-linked entity says it has $18.1 million stuck on FTX

According to a new filing with the Stock Exchange of Hong Kong on Monday, investment holdings company New Huo Technology, formerly known as Huobi Global, said that it has $18.1 million worth of deposits stuck on troubled cryptocurrency exchange FTX. Of this amount, $13.2 million consisted of client's deposits, and $4.9 million comprised of assets belonging to Hbit, another subsidiary.

01.11 / 06:11

business Ethereum Social Media Bitcoin Huobi Global denies ‘large-scale layoffs’ and key exec resignations

Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange.

10.10 / 13:53

Huobi stake Founder of Huobi Crypto Exchange Sells Stake in Company

Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company.

28.06 / 19:47

business Adoption Investments Huobi How crypto is attracting some institutional investors — Huobi Global sales head

James Hume, head of sales at Huobi Global, says while some institutional investors have gotten “cold feet” over crypto, many with billions of dollars are exploring the space.

19.05 / 17:13

Blockchain Stablecoin Huobi Terra Bitcoin NOT Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of both retail and institutional investors, it doesn’t pose a risk to the larger crypto ecosystem, according to Jun Du, co-founder of Huobi Global.

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